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PhonePe, Razorpay back selective UPI charges for large merchants

  • ET Bureau--The Times of India
  • published date: 2026-08-08 18:21:16 UTC

PhonePe cofounder and chief executive, Sameer Nigam, and Razorpay cofounder and chief executive, Harshil Mathur, have argued in favour of a sustainable business model that echoes the position of the Payments Council of India (PCI). The industry association ha…

Bengaluru: Chief executives of leading Indian fintechs PhonePe and Razorpay have backed the industry's stand for merchant charges on larger businesses for payments made through the unified payments i… [+2459 chars]